38 replies to this topic

[humble1]

look at any daily chart and start with the 1/20 low and you will see what i mean: 1/20-1/28 is wave1 and we just completed a very bullish ABC flat, off of the 1/28 high, at today's low. we had 8 days up and corrected for 13 days. the next move is STRAIGHT up! comments?

[norton]

Humble, no need to ask for comments. You obviously have elliott wave down cold, because you are sure of your waves and counts. I tried like hell years ago, could never make it work for me. No reason for you to care what anyone else thinks. Are you buying more as price moves down now, and in tonight's globex, to profit from the straight up move from here?

[gorydog]

look at any daily chart and start with the 1/20 low and you will see what i mean: 1/20-1/28 is wave1 and we just completed a very bullish ABC flat, off of the 1/28 high, at today's low. we had 8 days up and corrected for 13 days.

the next move is STRAIGHT up!


comments?

 the upmoves are 3 waves, the down are 5 waves. I wish it were otherwise. Maybe we tag 840 tomorrow. Maybe 790.

GD

[Taz]

Similar move here in OZ. A flat seems to have terminated at this morning's lows. For the ASX200 C= 0.618 times A. Very bullish. Only thing that scares me is CPCE though other put-call ratios not so bad. Do you need a co-polit beside you for this vertical lift?? Taz

[humble1]

norton: no. i am loaded long enough and very comfortable. i like ewave and find it useful but the extremely bullish conditions now, from sentiment to sideline $$$, are more important to my bull thoughts. ™ p.s. i ask for comments because i learn a lot from other posters.

[humble1]

Taz: get suited up, i hear the engines starting.

[humble1]

gory: the ABC comprises wave2 corrective off of 1/28. the internal count of 1/20-1/28 is not mentioned. even if you count it as corrective, you could start the whole count further back and it is still bullish or moreso in the alternats.

[humble1]

mogreen:

Edited by humble1, 10 February 2009 - 08:50 PM.

[mogreen]

mogreen:

Sorry buddy...good luck to ya!
Hey....Ya gotta have a great sence of humor to be in this game!

[Taz]

Suited up and ready to rock n roll. Yee ha T